CIBC Mellon Reviews | Glassdoor

CIBC Mellon Reviews

Updated February 17, 2019
176 reviews

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3.2
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CIBC Mellon President and Chief Executive Officer Steven R. Wolff
Steven R. Wolff
27 Ratings

Employee Reviews

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Pros
Cons
  • "not much growth, low pay, terrible hours" (in 20 reviews)

  • "Long hours that and insufficient pay, extremely large workload for the size of the department with little to no reward" (in 9 reviews)

More Pros and Cons

  1. "fund accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    a good start step for new ppl enter the industry.

    Cons

    very high turnover, with some manager micro managing.


  2. "Great entry level opportunity, but limited growth opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Custody Administrator in London, CA
    Current Employee - Custody Administrator in London, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at CIBC Mellon full-time (More than 5 years)

    Pros

    Flexible work schedules for mothers with children

    Cons

    Low pay and limited advancement opportunities

    Advice to Management

    Offer employees better pay

  3. "Great Place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at CIBC Mellon part-time

    Pros

    -Great team
    -Challenging Work
    -Nice office

    Cons

    -Kind of dry at times


  4. "Fund Accountant Job CIBC Mellon"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIBC Mellon full-time

    Pros

    Easy going
    Lots of Growth
    Good pay
    Nice work environment

    Cons

    Benefits can be very basic


  5. "Fund accounting Supervisor"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIBC Mellon full-time

    Pros

    Expanding company, lots of room to grow

    Cons

    Late regular hours 10 to 6.30


  6. "Senior Fund Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Fund Accountant in Toronto, ON (Canada)
    Former Employee - Senior Fund Accountant in Toronto, ON (Canada)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at CIBC Mellon full-time (More than 3 years)

    Pros

    Work from home
    Flexible hours depending on the team
    Average 4- 5 hour real work on most days
    Predictable work

    Cons

    Work is so spread out accross the Company there's really not much to learn the logic behind what you are doing unless you learn by yourself.

    Automation to keep up with daily deliverables makes you an expert at running all sorts of spectra but you ask what they are for, most can't really explain or won't bother. This is the reason that automation inside can also be a source of a number of inefficient daily work.

    Advice to Management

    Make sure that when someone moves up it's not because they are an expert at all sorts of internal processes or systems (because of tenure) but because they also know how to explain these to staff despite the pressure to meet daily deadlines.


  7. "fund account"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIBC Mellon full-time

    Pros

    good place to learn and start

    Cons

    repeated works makes you get boring

  8. "Custody Service Specialist/ Senior Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Vacation days/ sick days
    End of the year bonus

    Cons

    -High turnover leading to being understaffed and overworked
    - poor training
    -Salary was very controversial between people in the same role

    Advice to Management

    Train your staff better and ensure every team is equipped with the necessary professional talent to reduce the amount of mistakes and workload on individual people so the work can be shared amongst the team as it should be.


  9. "Can be a lot better"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIBC Mellon full-time

    Pros

    People and work life flexibility

    Cons

    Pay and promotions and software


  10. "Fund accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    I have been working at CIBC Mellon full-time

    Pros

    Great team, helpful colleagues, good training

    Cons

    Work timings are different to other firms